Not exact matches
Life insurance policies have terms under which the
policy may be continued
in force or discontinued.
Taking out a million - dollar
life insurance policy to help his estranged daughter Cate (Steinfeld), Nick is
forced to take her on the run until the
policy kicks
in or he finds a way to clear his name.
The term
life insurance coverage effective date is the day that the
policy is put
in force.
Dying while the
policy is
in force is the one sure way to get money back on term
life insurance.
Once you choose your, you will pay a premium to the
life insurance company to keep the
policy in force until the end of the defined term, or the end of your
life, whichever comes first.
Like term
life insurance, whole
life insurance policies pay a death benefit if you die while your
policy is
in force.
This non-linked and regular pay
insurance rider provides 100 % Sum Assured
in case of death of the
Life Insured due to an accident, subject to the rider
policy being
in -
force.
Life insurance is a contract between you and a life insurance company to guarantee your survivors a sum of money upon your death, provided that all of the premiums are paid and the policy is still in fo
Life insurance is a contract between you and a
life insurance company to guarantee your survivors a sum of money upon your death, provided that all of the premiums are paid and the policy is still in fo
life insurance company to guarantee your survivors a sum of money upon your death, provided that all of the premiums are paid and the
policy is still
in force.
I think many people wander around ignorant of the necessity of owning a
life insurance policy, but once they are educated and see the need, there is usually a tremendous sense of urgency that is only relieved by their own
policy going
in force, which provides peace of mind knowing that your family will be financially provided for should you face an untimely demise.
John Hancock no longer offers whole
life insurance, although it does maintain a book of active
in force participating
policies.
As a result, we now have more than 100,000
life insurance policies in force and over 10,000 independent licensed financial service professionals marketing our products.
Once your
life insurance policy is placed
in force, you can visit the Vitality site and fill out some information about your current health and lifestyle.
If you fund the contract with more premium than is necessary to keep the
policy in force over any seven - year period, the
life insurance policy fails the seven - pay test.
Insurance Premiums: life insurance premiums are the payment due to keep the policy active and in force on the life of the
Insurance Premiums:
life insurance premiums are the payment due to keep the policy active and in force on the life of the
insurance premiums are the payment due to keep the
policy active and
in force on the
life of the insured.
And while term
insurance is sold for specific periods of time, typically anywhere from 5 to 30 years, a cash value
insurance policy is usually considered to be a permanent
life insurance policy, as these products are designed to remain
in force for your entire
life.
These are different from paid - up
insurance, however,
in that the
life insurance is only
in force for the duration of the term specified
in the
policy.
With the company's Guaranteed Level Premium Term
Life Insurance option, the premium amount that is charged will remain the same throughout the entire period that the
policy is
in force.
Universal
life insurance is a form of permanent coverage, so the
policy stays
in -
force so long as you continue to pay premiums and it builds a cash value.
As with all
life insurance coverage, if you die while the
policy is
in force your beneficiary receives a death benefit payout.
Back
in the day, any form of flying was considered extremely hazardous and most
life insurance companies would either
force the applicant to pay an exorbitant amount or they would add an aviation exclusion clause to the
policy,
in other words, if you died as the result of a plane crash, your beneficiaries wouldn't receive the death benefit.
Permanent
life insurance will be
in force long after a term
policy expires, and play an important role
in estate planning.
While having the lowest out - of - pocket outlay of any type of individual
life insurance policy,
in order to reap a benefit from the
policy, the insured must die while the
policy is
in force.
Unlike term, a permanent
life insurance policy will stay
in force, unless it is canceled by the policyholder or the premium stops being paid for the coverage.
A premium waiver, whereby if the insured becomes disabled, they can have the
policy's premium payments waived, while still keeping their
life insurance coverage
in force
Incontestability Clause: A
life insurance policy provision that states after the
policy has been
in force for a specified period of time, the company can not deny a claim based on a material misrepresentation made
in the application.
Guaranteed Term
Life Insurance A type of renewable term life insurance that remains in force provided the policy premiums are paid on t
Life Insurance A type of renewable term life insurance that remains in force provided the policy premiums are paid
Insurance A type of renewable term
life insurance that remains in force provided the policy premiums are paid on t
life insurance that remains in force provided the policy premiums are paid
insurance that remains
in force provided the
policy premiums are paid on time.
This type of
policy will pay out only a very limited benefit during the first few years the
policy is
in force, and then convert to a fully payable term
life insurance policy for the remainder of the term.
Though Fidelity was once known more for its financial services offering, it has become a
force in quality
life insurance policies in recent decades for its innovative products, like its hybrid
life insurance plans.
Mortgage
Life Insurance A type of term life insurance In the event that the borrower dies while the policy is in force, the debt is automatically paid by insurance proce
Life Insurance A type of term life insurance In the event that the borrower dies while the policy is in force, the debt is automatically paid by insurance
Insurance A type of term
life insurance In the event that the borrower dies while the policy is in force, the debt is automatically paid by insurance proce
life insurance In the event that the borrower dies while the policy is in force, the debt is automatically paid by insurance
insurance In the event that the borrower dies while the policy is in force, the debt is automatically paid by insurance proceed
In the event that the borrower dies while the
policy is
in force, the debt is automatically paid by insurance proceed
in force, the debt is automatically paid by
insurance insurance proceeds.
For it to be paid out, the
policy must be
in force, with all
life insurance premiums paid up to the time of death.
This will actually make the
policy less expensive than it would be if the premium was based on the amount of
life insurance in force.
With a term
life insurance policy, your named beneficiaries receive a payment if your
policy is still
in force when you die.
This is the case with permanent
life insurance policies, like whole
life insurance: As long as you pay your premiums, the
policy will stay
in force.
The amount of protection you'll receive from your
policy — and even just if you can keep your
policy in force — will be determined by your
life insurance budget and your ability to pay your premiums.
Those who have
policies in force are able to contact their renters
insurance provider and request money or vouchers to cover their hotel stay and the other additional
living expenses that they incur
in the interim.
Traditionally with term
life insurance, your beneficiaries receive a death benefit if you die while your
policy is
in force.
Life insurance policies contain exclusions, limitations, and terms for keeping them
in force.
And here's the bottom line: all
life insurance policies promise to pay an agreed - upon sum of money should you die while your
policy is
in -
force (that is, while you're paying your premiums on time and while you're still operating within the terms of your contract).
But if you don't have a
policy in -
force and you know you're going to be sky - diving soon and didn't tell the
life insurance company, the might have cause to not be required to pay.
In addition to the higher premiums, one of the main drawbacks to a guaranteed issue life insurance is that your beneficiaries wouldn't receive a full death benefit until your policy has been in force for a specific length of time (typically between one or two years, depending on the life insurance company
In addition to the higher premiums, one of the main drawbacks to a guaranteed issue
life insurance is that your beneficiaries wouldn't receive a full death benefit until your
policy has been
in force for a specific length of time (typically between one or two years, depending on the life insurance company
in force for a specific length of time (typically between one or two years, depending on the
life insurance company).
Whole
life insurance policies are generally intended to remain
in force until the
policy «matures» (pays out), or until the owner of the
policy cancels or stops paying the premiums that are due.
At the very least, get a no exam
life insurance policy in force... and then apply for fully underwritten coverage and if your lab work is fine, you can cancel the no exam
policy.
One major benefit of term
life insurance is that your premium shouldn't change while your
policy is
in force.
1
Life insurance policies contain certain exclusions, limitations, exceptions, reductions of benefits, waiting periods and terms for keeping them
in force.
Like most group
life insurance policies, MetLife group
policies contain certain exclusions, reductions, limitations, and terms for keeping them
in force.
Like any
life insurance policy, it pays out a death benefit to an appointed beneficiary when you die as long as the
policy is
in force.
With term
life insurance, you secure a
policy that remains
in force for a set amount of time (typically between five and 30 years).
Life insurance goes into effect as soon as you make your first premium payment, meaning you're eligible for the death benefit as soon as the
policy is
in force.
The main differences between term and permanent
life insurance are that permanent
life insurance is
in force for your entire
life (as long as you pay the premiums) instead of a certain «term,» and permanent
insurance accumulates cash value over the
life of the
policy.
Life insurance is subject to exclusions and limitations and terms for keeping it
in force, Certain types of
policies, features and benefits may not be available
in all jurisdictions or may be different.